Tuesday, 16 July 2013

Herbalife - closed my position with 86% gain in 7 months.

I went long on HLF on Dec 28th publicly in my 2nd blog post.

My entry price was below USD 28.

Last night I exited the counter at USD 52.09.

In less than 7 month the position was up USD 24.09 or 86%.

I think the stock still have upside to it, but I think there's alot of volatility to this counter. I may be looking to enter a trading position from time to time as it does not appear that FTC will be shutting them down anytime soon.


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